Long Title

Enacting Formula

Amendment of section 24
26.  Section 24 of the principal Act is amended by inserting, immediately after subsection (4), the following subsections:
(4A)  No election may be made under subsection (3) for the sale of an industrial building or structure for which an option to purchase is granted or a sale and purchase agreement is entered into on or after 23rd February 2010, or which is transferred on or after that date.
(4B)  Subsection (4A) does not apply to a transfer of property to which section 34C(8) and (9) apply.”.
No History for selected provision